687 Results

Search

Cayman Islands regulator enters MOU with Chinese regulator
Regulatory and Tax

Cayman Islands regulator enters MOU with Chinese regulator

The China Securities Regulatory Commission and the Cayman Islands Monetary Authority (together the Competent Authorities) signed a memorandum of understanding, on 28 September and 5 November 2018 respectively, relating to the increased international activities in the securities, futures and other related investment products markets. The MoU is premised on the corresponding need for mutual cooperation between the Competent Authorities and cross-border enforcement with regard to Cayman Islands companies that conduct public securities offerings in China and / or whose securities are trading on China’s stock exchange.
Harneys represented Fosun Tourism Group on its US$400 million IPO
Corporate

Harneys represented Fosun Tourism Group on its US$400 million IPO

Harneys acted as Cayman Islands counsel to Fosun Tourism Group, owner of Club Med, on its initial public offering in which it raised over US$400 million. In addition, further capital was raised from its over-allotment option.
Harneys wins multiple “Deal of the Year” Awards from China Business Law Journal

Harneys wins multiple “Deal of the Year” Awards from China Business Law Journal

Harneys has won four Deal of the Year Awards from China Business Law Journal for its work on Ant Financial’s series C fundraising, Key Safety Systems’ acquisition of Takata Corporation, the Material asset restructurings of Jiangsu Shagang and C.H.M.T’s purchase of The Center in Hong Kong.